Stock Market & Financial Investment News

DISH accepts first Bitcoin paymentDISH accepted its first bitcoin payment as the payment option is now available for all DISH customers through mydish.com. The bitcoin transaction follows DISH’s announcement that DISH customers could pay their monthly bill with Bitcoin starting in Q3.

DISH executive says auction strategy 'complied with all legal requirements'In response to the FCC's proposal to deny roughly $3.3B in spectrum auction discounts, DISH EVP and general counsel R. Stanton Dodge stated, "We respectfully disagree with the proposed denial of the bidding credits. Our approach to the AWS-3 auction, which followed 20 years of FCC precedent and complied with all legal requirements, was intended to enhance competition -- in the auction and in the marketplace long term. Our investments in NorthStar and SNR helped make the AWS-3 auction the most successful spectrum auction in FCC history, and resulted in more than $20B of direct benefit to the American taxpayer." Reference Link

DISH customers to lose WDIV-TV Local 4WDIV-TV Local 4 is about to go dark for all DISH (DISH) TV subscribers. WDIV and its parent organization, Graham Media Group, a subsidiary of Graham Holdings (GHC), stated, "The satellite provider has been unwilling to strike a reasonable deal with the local content provider. On Wednesday, July 22 at 7 p.m. subscribers will no longer be able to watch programs like Local 4 News, NBC's Today, NBC Nightly News, The Tonight Show starring Jimmy Fallon, Saturday Night Live, The Voice, The Blacklist, Sunday Night Football and more. DISH charges its subscribers a monthly fee to get these programs, so essentially their estimated 127,000 Detroit area customers will not be getting what they pay for. That includes important local news and weather information in emergency situations from the Local 4 News team."